# Coactus, .Ltd.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coactus-ltd

- Industry: Transportation Services
- Headquarters: Seoul, South Korea
- Website: www.goyohantaxi.com
- Latest round: Series A (Dec 14, 2023)
- Investors on record: 4

## About

Coactus, Ltd. specializes in enhancing mobility solutions through innovative ride-hailing services, promoting efficiency and convenience in urban transportation.Coactus, Ltd. was founded in 2018 and operates primarily from Seoul, South Korea. The company focuses on developing a mobility platform that aims to expand beyond traditional ride-hailing services. In December 2023, Coactus secured funding from Korea Social Investment, with returning investors Shinhan Asset Management and MY Social Company participating. The total amount raised to date is KRW 1,000,000,000. The company has completed 4 deals, with the most recent deal occurring in December 2023.Coactus offers a unique mobility platform that encompasses ride-hailing services. It provides logistical support and driver recruitment, specifically targeting the 'Quiet M' driver segment, enhancing user experience in urban transportation. Through partnerships and additional vehicle supply, the company aims to streamline transportation solutions for its clients, which include both individual riders and businesses seeking mobility options.Coactus generates revenue through its mobility services, primarily focusing on ride-hailing fees and subscription models for businesses utilizing their platform. The company has a structured approach to pricing, accommodating various customer needs, from individual users to corporate accounts, ensuring a consistent revenue flow from its transportation offerings.Moving forward, Coactus plans to leverage its recent funding of KRW 1,000,000,000 from the December 2023 Series A round to diversify its mobility platform by recruiting more 'Quiet M' drivers and entering the franchise business for further vehicle supply. The company aims to expand its presence beyond South Korea, targeting international markets in Asia and North America by the end of 2024.

## Funding rounds

- Series A, Dec 14, 2023 — Shinhan Asset Management, Merry Year Social Company, Korea Social Investment
- Seed, Jun 2, 2020 — Merry Year Social Company, Wadiz Ventures

## Investors

- Merry Year Social Company (https://capitalatlas.ai/funds/merry-year-social-company) — Seed, Series A
- Wadiz Ventures — Seed
- Shinhan Asset Management (https://capitalatlas.ai/funds/shinhan-asset-management) — Series A
- Korea Social Investment — Series A